Answer to Question #123769 in Macroeconomics for maryam khan

Question

Let the National income model be:

Y = C + I + G0
C = C0 + cY
I = I0 – Yi

• Find equilibrium level of National Income, Consumption and
Investment by using Matrix Inversion method and Cramer’s rule. In
this model i represent interest rate.
(FULL SOLUTION)

Answer 1

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